The "Save 12k in 2015' Thread!

lalman

Thanks guys for your thoughts, when I say the following I geninuely mean it.... You are all ace and it has made me feel a little better- thank you.

Books to fill time that will open my perspective or take my mind off things. I read too much finance these days and need to diversify my mind a little! :-)

AlexLK

Had a fantastic week and am now up to £3,423.

Hantsman

Lalman, check your pm

Gem-gem

Transferred interest earnt £5 into my savings account.
£958 in total,

Lomcevak

Best of luck lalman, it is a horrible thing to happen, especially if it comes out of the blue. Try and stay positive and (although it's easier said than done) don't take it as a reflection on you personally - these things can happen to anybody. While it's frustrating to have to dig in to hard-earned savings, it at least gives you some flexibility going forward.

Nothing much to report on the savings front, looks to be shaping up to be my worst month in a couple of years although not disastrous and in part reflects that some major things are being pushed to next month for the end of the tax year.

AlexLK

Managed to add another £74 to the savings today making £3,497.

At the moment making money to save is getting rather addictive.

FlacosFloozie

Sorry to hear your news Lalman- I hope something turns up soon.


By contrast very happy to hear your news SF


I've got stupidly excited this month as I earned £6.65 interest! Need to start opening some more interest paying accounts now!

Lomcevak

FlacosFloozie wrote: »

I've got stupidly excited this month as I earned £6.65 interest! Need to start opening some more interest paying accounts now!

I'm clearly a real saddo, as I looked at £6.65 and immediately knew "ah, that's £2k in a TSB classic plus for January"

boglehead

Lalman - sorry for the news. If you're in accountancy, I can only echo what the recruiters told you... you never stay out of a job for too long in that field (speaking from friends experience - market is v fluid if your resume doesn't have holes everywhere)

I can only wish you luck - and command you for saving up enough cash to give you some stability for the next 6months; I'd be very surprised if you needed to use it all.

boglehead

I made the decision to pay off all of my unsecured debt today.

The outstanding balance on that loan is £33k and given that the rate is 5.75% - I really don't think I will be able to get 11% return from the stock market (the 5.75% is post tax) - hence it makes more sense to pay that balance off.

That means that I will not be able to reach my annual savings target of £75k.

Although annoying, I think this is the right decision.